Page 14 - AfrElec Week 04 2023

AfrElec NRG POWER AfrElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER Welcome to the latest edition of NewsBase’s AsiaElec: South Korea, UAE seal nuclear expan-
NRG Power Roundup Global in which sion deal
the reader is invited to join our team of South Korea and the United Arab Emirates are to
international editors, who provide a snapshot deepen and accelerate collaboration in the peaceful
of some of the key issues affecting their nuclear energy sector," after their leaders signed
regional beats in Asia, Africa, Central and a series of deals. South Korean President Yoon Seok-
Eastern Europe, as well as the global summary yeol and UAE President Mohammed bin Zayed Al-
of renewable energy and climate change Nayhan signed several memoranda of understanding
mitigation. We hope you will like NRG in Abu Dhabi on January 15.
Power’s concise format, but by clicking on the
headline link for each section the full text will ENERGO: Bankwatch criticises Romania’s
be available. If you would like to receive NRG attempt to prolong life of coal-fired power
Power Editor’s Picks every week to your inbox plants
for free then please click on the link here and Environmental NGO Bankwatch Romania in a
fill in the form. statement criticised Romania’s plans to develop a
mine, operated by CE Oltenia coal and power group
AfrElec: Ethiopia signs joint development agree- in Gorj county, to a capacity of 8,000,000 tonnes per
ment with UAE’s Masdar for 500-MW solar year of lignite with the aim of avoiding even wider
PV facility energy deficits in the country. “Deforestation and then
Ethiopia and United Arab Emirates burning lignite will have a double negative effect on
renewable energy company Masdar have the environment by increasing CO2 emissions and
signed a joint reducing the absorption capacities,” argues Alexandra
development agreement for the Doroftei, coal campaigner at
construction of two solar photovoltaic Bankwatch Romania.
plants with a combined generation capacity
of 500 MW. The deal, announced by REM: EU wind installations up 33% in 2022
Ethiopia’s Prime Minister Abiy Ahmed on despite challenging supply chain
Wednesday, January 18, could potentially The EU installed 15 GW of new wind farms
allow Ethiopia to significantly expand its in 2022, according to preliminary data
power generating from WindEurope. That’s 33% more than
capacity and also diversify its energy mix, a 2021. This increase is “encouraging,” given
key part of Abiy’s industrialisation drive. the challenges faced in 2022.

P14 www. NEWSBASE .com Week 04 26•January•2023